Investing.com - Argan (NYSE:AGX) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Argan announced earnings per share of $0.78 on revenue of $124.45M. Analysts polled by Investing.com anticipated EPS of $0.515 on revenue of $129.7M.
Argan shares are down 8.63% from the beginning of the year and are trading at $40.65 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Argan follows other major Industrials sector earnings this month
Argan's report follows an earnings beat by Deere&Company on Wednesday, November 24, 2021, who reported EPS of $4.12 on revenue of $10.28B, compared to forecasts EPS of $3.87 on revenue of $10.46B.
Copart had beat expectations on Wednesday, November 17, 2021 with first quarter EPS of $1.07 on revenue of $810.13M, compared to forecast for EPS of $1 on revenue of $747.74M.
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